SC&H Capital Advises Color Systems in Its Acquisition by PSE Group

Industry:

Transaction Type:

Mergers & Acquisitions

Color Systems is a leading distributor of automotive paint and ancillary products serving collision repair centers, fleet services, and light industrial customers across Rhode Island, Connecticut, and Massachusetts. Founded in 1971, the Company is led by President Steven Choiniere, who acquired the business from his father over 30 years ago and has built a strong presence in the Greater New England region through market-leading products, technical expertise, and long-standing customer relationships. The buyer, PSE Group, is a portfolio company of Odyssey Investment Partners and a leading distributor of automotive and industrial paint, coatings, and related products with over 75 locations across the Midwest, Mid-Atlantic, and Southeast.

The transaction provides Color Systems with a larger platform and access to capital to support its continued growth while expanding PSE Group’s geographic footprint into the Greater New England region.

Read the Full Press Release

“SC&H Capital was an invaluable partner throughout this process given their experience and deep knowledge of the sector. It was important to find the right partner to support our employees and customers while positioning the company for its next phase of growth. I am confident that PSE Group will provide our employees with expanded opportunities and continue our tradition of world-class customer support. We are excited about the future for the company as a part of PSE.”

Steven Choiniere

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President

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Color Systems

Transaction Leaders

Greg Hogan

Managing Director

SC&H
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